The Physical Therapy Center specializes in helping patients regain motor skills after serious accidents. The center has the following balances on December 31, 2018, before any adjustment: Accounts Receivable = $102,000; Allowance for Uncollectible Accounts = $3,200 (debit). The center estimates uncollectible accounts based on an aging of accounts receivable as shown below.

Estimated Percent Uncollectible 4% 15% 25% 80% Amount Age Group Not yet due 0-60 days past due 61 120 days past due More than 120 days past due Receivable 5 52,000 25,200 15,200 9,600 Total $102,000 Required: 1. Estimate the amount of uncollectible receivables Estimat Age Group Amount Uncollectible Not yet due 0-60 days past due 81-120 days past due More than 120 days past due Total 2. Record the adjustment for uncollectible accounts on December 31, 2018. (If no entry is required for a transactionlevent, select"No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjustment entry for Uncollectible Accounts Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 Record entry Clear entry View general jourmal 3. Calculate the net realizable value of accounts receivable Total accounts receivable Net realizable value